Bally’s Corporation Comments on The Star Entertainment Group AUSTRAC Decision and Continued Turnaround

PROVIDENCE, R.I.–(BUSINESS WIRE)–Bally’s Corporation (NYSE: BALY) today commented on the Federal Court of Australia’s decision in the Australian Transaction Reports and Analysis Centre (“AUSTRAC”) proceedings against subsidiaries of The Star Entertainment Group Limited (“The Star”) related to historical violations of the Anti-Money Laundering and Counter-Terrorism Financing Act 2006. The Federal Court imposed a penalty of $260 million, payable in four installments over 19 months. The proceedi

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